A hearing at the House financial services committee saw hostility from some reps, sympathy from others, and a “balanced approach” from the SEC.
Australia’s Securities Watchdog Airs Concerns About Overseas ICOs
ASIC is to extend its guidelines on initial coin offerings over concerns about overseas projects targeting local investors.
The SAFT Is Alive But Who Knows How Well
A framework that strives to enable compliant U.S. token sales may have come under fire in the press, but it’s still widely used by entrepreneurs.
Compliant Airdrops Are Here: CoinList to Offer Investors Free Crypto Giveaways
The company has worked on token distribution and fundraising so far, but its latest product focuses on giving away tokens to spur user adoption.
Why ICOs Could Eat Delaware’s Lunch
Delaware’s status as a go-to jurisdiction for business can’t be taken for granted as tokens take off and issuers flock to blockchain-friendly states.
Cloud Giant Xunlei Claims Blockchain Advance With ‘ThunderChain’
China-based cloud network provider Xunlei has launched a blockchain platform, undeterred by ongoing allegations it held an unlawful ICO.
Energy Giant BP Says It’s Tested ‘Internal’ Tokens
British Petroleum would consider partnering with startups that conduct initial coin offerings, and it’s tested “internal” tokens, an executive said.
Cambridge Analytica Planned ICO Before Facebook Controversy: Reports
Cambridge Analytica reportedly planned to launch its own cryptocurrency before the controversy over its misuse of facebook data.
The Seven Pillars of ICO Investing
How to make sense of a fast-changing crypto market? Crypto Asset Management’s Tim Enneking provides his seven core tenants for investing.
What ICO Issuers and Investors Need to Know About Taxes
There is little guidance from the IRS on how to treat a token offering or SAFT for tax purposes. Determining how to do so is a fact-intensive process.
Malta Proposes Test to Define When ICOs Are Securities
Malta is moving closer to introducing a test that would clearly define when assets derived from initial coin offerings are securities.
Many ICOs May Be Frauds, Says Hong Kong Securities Watchdog
The deputy head of Hong Kong’s Securities and Futures Commission has taken a skeptical tone in statements on initial coin offerings.
Police Abruptly Halt Chinese Blockchain Conference
A blockchain-themed conference in Shanghai was suspended by police on Thursday for so-far unclear reasons.
Alibaba’s Taobao Bars Crypto, ICO Services In Policy Update
Alibaba’s Taobao e-commerce site has updated its list of prohibited goods and services on the platform, which now includes those related to cryptos.
Bank-Backed Hyperledger Is Slowly Opening to ICOs
Amidst a broad uptick in interest in crypto tokens, a technology platform built by some of the world’s biggest enterprises is adapting to the trend.
Dear Students, Everything In Bitcoin’s Way Is Your $1 Billion Opportunity
Blockchain luminaries descended on the University of Pennsylvania’s business school in what seemed like a recruiting session for the crypto-ecosystem.
How to Defend Yourself Against Pump-and-Dump Crypto Scams
Until regulators come up with rules to curb pump-and-dump schemes, investors need to be extra cautious so they don’t get taken for a ride.
UK Finance Watchdog Issues Warning on Crypto Derivatives
The Financial Conduct Authority has warned that firms offering services around crypto derivatives and ICOs “likely” need to be authorized.
Is Every ICO a Fraud? ‘Absolutely Not’ Says SEC Chief
U.S. SEC chairman Jay Clayton addressed ICOs and enforcement actions taken against them during a talk at Princeton University.
Japanese Research Group Calls for ‘Appropriate’ ICO Rules
A research group led by members of Japan’s private and public sectors called for ICO regulation and published its recommendations in a report today.